The Long Road to Recovery: Why the Reopening of the Strait of Hormuz Won’t Instantly Solve the Global Energy Crisis
Comments Off on The Long Road to Recovery: Why the Reopening of the Strait of Hormuz Won’t Instantly Solve the Global Energy Crisis
June 15, 2026
LONDON – As diplomatic efforts intensify to stabilize the Persian Gulf and rumors of a durable ceasefire circulate through global capitals, the energy sector is issuing a sobering warning: the world’s oil supply will not return to normal overnight.…
Breakthrough in the Persian Gulf: U.S. and Iran Reach Landmark Deal to Reopen Strait of Hormuz, Easing Global Energy Crisis
Comments Off on Breakthrough in the Persian Gulf: U.S. and Iran Reach Landmark Deal to Reopen Strait of Hormuz, Easing Global Energy Crisis
June 15, 2026
GENEVA / WASHINGTON D.C. — In a dramatic turn of events that has sent shockwaves through global financial and energy markets, the United States and the Islamic Republic of Iran confirmed on Sunday that a comprehensive agreement has been reached to end…